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4523 Ostrom, Lakewood, California 90713, Lakewood, 90713 - 4 bed, 3 bath

4523 Ostrom, Lakewood, California 90713 home-pic-0
ACTIVE UNDER CONTRACT$1,075,000$1,733/sqft
Est. Value: $1,039,908
-3%
AboveEstimate
4523 Ostrom, Lakewood, California 90713
4Beds
3Baths
1,733Sqft
5,102Lot

Price Vs. Estimate

The estimated value ($1,039,908.495) is $35,091.505 (3%) lower than the list price ($1,075,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Community Amenities: Located in the desirable Lakewood Park area, offering access to top-rated schools, parks, shopping, and convenient freeway access, enhancing lifestyle and potential appreciation.
Top Cons:
Age of Property & Potential System Updates: Built in 1950, the property may have original or older core systems (e.g., plumbing, electrical) that, despite cosmetic updates, could require future investment or maintenance.

Compared to the nearby listings

Price:$1.07M vs avg $907.5K (+$167,500)88%
Size:1,733 sqft vs avg 1,406 sqft83%
Price/sqft:$620 vs avg $66336%

More Insights

Built in 1950 (76 years old).
Condition: Built in 1950, this property has undergone significant renovations, particularly evident in the kitchen which features modern white shaker cabinets, quartz countertops, stainless steel appliances, and a contemporary hexagonal tile backsplash. The main bathroom also shows recent updates with shiplap walls and modern fixtures. While the primary bathroom's wood vanity and glass block shower appear slightly older, they are well-maintained and functional. The living areas boast hardwood/laminate flooring, crown molding, and built-in features, indicating a move-in ready condition with no immediate major renovations required. The overall aesthetic is clean and updated, aligning with the 'Good' category's criteria for extensive renovation within the last 5-15 years, despite the original build year.
Year Built
1950
Close
-
List price
$1.07M
Original List price
$1.15M
Price/Sqft
$620
HOA
-
Days on market
-
Sold On
-
MLS number
RS25278359
Home ConditionGood
Features
Patio
View-

About this home

Welcome to your dream home in the desirable area of Lakewood Park. This spacious 4-bedroom, 2.5 bathroom residence offers 1,733 sq ft of comfortable living space on a generous 5,102 sq ft lot, perfect for indoor-outdoor California living. Step inside to an inviting open floor plan with abundant natural light, built-in lit cabinets, crown moulding throughout, formal living room with large bay window, and vaulted ceilings & fireplace in the great room ideal for entertaining. The bright living room flows seamlessly into the dining area featuring a custom coffered ceiling, while the well-appointed kitchen features quartz countertops, ample storage with an upgraded modern design. Four bedrooms provide plenty of room for everyone, including a large primary bedroom with its own en-suite for added privacy and double closets. Outside, enjoy a private backyard oasis—great for BBQs/playtime and a detached garage with plenty of room to park an RV. Don’t miss this opportunity to own a piece of Lakewood’s suburban charm with top-rated schools, parks, shopping, and easy access to freeways—schedule your showing today!

R
Roni Areyan
Listing Agent

Price History

Date
Event
Price
11/27/96
Sold
$161,000
Condition Rating
Good
Built in 1950, this property has undergone significant renovations, particularly evident in the kitchen which features modern white shaker cabinets, quartz countertops, stainless steel appliances, and a contemporary hexagonal tile backsplash. The main bathroom also shows recent updates with shiplap walls and modern fixtures. While the primary bathroom's wood vanity and glass block shower appear slightly older, they are well-maintained and functional. The living areas boast hardwood/laminate flooring, crown molding, and built-in features, indicating a move-in ready condition with no immediate major renovations required. The overall aesthetic is clean and updated, aligning with the 'Good' category's criteria for extensive renovation within the last 5-15 years, despite the original build year.
Pros & Cons

Pros

Prime Location & Community Amenities: Located in the desirable Lakewood Park area, offering access to top-rated schools, parks, shopping, and convenient freeway access, enhancing lifestyle and potential appreciation.
Spacious & Thoughtfully Designed Interior: Features a spacious 4-bedroom, 2.5-bathroom layout with an inviting open floor plan, abundant natural light, vaulted ceilings, a fireplace, and elegant architectural details like crown molding and a custom coffered dining ceiling.
Modern & Upgraded Kitchen: The well-appointed kitchen boasts quartz countertops, ample storage, and an upgraded modern design, appealing to contemporary tastes and functional needs.
Excellent Outdoor Living & Utility: A private backyard oasis is ideal for BBQs and playtime, complemented by a detached garage that provides significant storage and ample space for RV parking.
Generous Primary Suite: The large primary bedroom includes its own en-suite bathroom for added privacy and double closets, offering a comfortable and well-equipped personal retreat.

Cons

Age of Property & Potential System Updates: Built in 1950, the property may have original or older core systems (e.g., plumbing, electrical) that, despite cosmetic updates, could require future investment or maintenance.
Absence of Specific Views: The property explicitly states 'view: None,' which might be a drawback for buyers prioritizing scenic or panoramic outlooks from their home.
Lack of Mentioned Central Air Conditioning: For a California home of this vintage, the description does not specify central air conditioning, which could be a comfort concern during warmer seasons.
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